HomeMy Public PortalAbout1230-1941 - Appropriating $1,525,730.00 for the Power Plant 1942 BudgetOrdinance No.1270-1941
AN ORDINANCE APPROPRIATING THE SUM OF ONE MILLION FIVE HUNDRED TWENTY-FIVE THOU-
SAND AND SEVEN HUNDRED THIRTY DOLLARS ($1,525,730-.) OUT OF THE FUNDS OF THE
MUNICIPAL ELECTRIC LIGHTING & POITZR PLANT OF THE,CITY OF RICHMOND, INDIANA TO THE
VARIOUS ACCOUNTS,OF SAID PLANT FOR THE FISCAL YEAR 0018.1ENCING JANUARY 1, 19429 AND
ENDING DECEMBE_R 31, 1942.
Section 1. BE IT ORDAINED BY TIM COMh1ON COUNCIL OF THE CITY OF RICHYDND, INDIANA,
that for the year beginning January 1, 1942, and ending December 31, 1942, the sum
of ONE MILLION FIVE HUNDRED TWENTY-FIVE THOUSAND AITD SEVEN HL7NDRED THIRTY DOLLARS
($1,525,730.) be, and the same is hereby appropriated out of the funds of the
Municipal Electric Lighting & Power Plant of said City, and is hereby set apart
for various items of expenditure as follows, to vd t:
OPERATING ACCOUNTS
Steam Power Generation
$939000.00
Transmission & Distribution
31,000.00
Consumption
11,000.00
Commercial
26,000.00
Undistributed
26,650.00
General
33,000.00
Depreciation Reserve
6,000.00,
Taxes (Gross Income)
10,500.00
Miscellaneous Interest
550.00
Consumers Deposit
4,500.00
Stock Account -Fuel
171,000.00
Stock Account -Merchandise
50,000.00
TOTAL OPERATING .. . -
$4bb, 230.00
Civil City
2809000.00
CONSTRUCTION ACCOUNTS
Meters
10,000.00
Transformers
20,000a00
Short Extensions
54,600.00
Sundry Equipment
49000.00
Underground System
21,000.00
Turbo -Generator, etc.
550,000.00
Main Street Dam
300.00
Loop Line:
90,000.00
Non -operating Payroll,
1, 600.00
TOTAL CONSTRUCTION
779,500.00
GRAND TOTAL $1,525,730,00
Section 2. This ordinance shall be in full force and effect from and after its
passage, signature of the President of the Common Council, approval of the Mayor.
PASSED BY THE COKVON COUNCIL OF THE
CITY OF RICHNDND, INDIANA, THIS
DAY OF DECEMBER., 191F1.
Pre is dent of the Common Council
Attest: ac
City'Clerk
Submitted by me, Lester E. Meadows, Clerk of the City of Richmond, I Ana, to the
Hon. John R. Britten, Mayor of the City of Richmond, Indiana, this - day of
December, 1941, at A. M.
City Clerk
Approved by me, John R. ' Britten, Mayor of the City of Richmond, , iana, this
day of December, 1941. n n n
Mayb r
Attest: " < V
City Clerk